The post Stalls at 213.00 as bearish flag looms appeared on BitcoinEthereumNews.com.

The GBP/JPY consolidates around 213.00 for the second straight day, losses 0.09%, snapping a four-day streak of consecutive gains as traders clash with key resistance at the March 11 peak at 213.31. GBP/JPY Price Forecast: Technical Outlook The technical picture shows GBP/JPY trading within the 211.00-213.00 range over the last 9 days, range-bound amid the lack of a clear catalyst. Additionally, it remains within a bearish flag, which, if confirmed, could open the door for further downside. Momentum, as measured by the Relative Strength Index (RSI), is bullish, but the slope is trending lower, indicating neither buyers nor sellers are in charge. For a bullish continuation, the GBP/JPY must clear the top of the range at 213.00. Once surpassed, the next stop would be the year-to-date (YTD) high at 215.00. Downwards, the first area of interest would be the 212.00 figure, right around the bottom trendline of the bearish flag. A breach of the latter will expose the 50-day Simple Moving Average (SMA) at 211.42, ahead of testing the March 16 swing low of 210.81. GBP/JPY Price Chart – Daily GBP/JPY Daily Chart Australian Dollar Price This week The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies this week. Australian Dollar was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.01% -0.19% 0.19% 0.95% 1.55% 0.96% 0.76% EUR 0.01% -0.15% 0.24% 0.97% 1.56% 0.99% 0.78% GBP 0.19% 0.15% 0.34% 1.14% 1.73% 1.15% 0.88% JPY -0.19% -0.24% -0.34% 0.72% 1.34% 0.74% 0.46% CAD -0.95% -0.97% -1.14% -0.72% 0.61% 0.02% -0.20% AUD -1.55% -1.56% -1.73% -1.34% -0.61% -0.58% -0.85% NZD -0.96% -0.99% -1.15% -0.74% -0.02% 0.58% -0.27% CHF -0.76% -0.78% -0.88% -0.46% 0.20% 0.85% 0.27% The heat map shows percentage changes of major currencies against each other. The…

---

Filed under: News - @ March 26, 2026 11:22 pm